Static and Dynamic Convergence in a Recursive Dynamic Computable General Equilibrium Model: Proposal of a Simplified Approach and Application in GAMS
This study proposes a new simplified technique allowing to pass from the static to the dynamic framework of computable general equilibrium models (CGEM). Emphasis is placed on the treatment of convergence which can be constant or variable. We show that in convergence with variable coefficient, the definition of an adjustment parameter is necessary and makes it possible to operate the right choice of the values which correspond to the studied economy.
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Tchoffo, N. R. (2022). Static and Dynamic Convergence in a Recursive Dynamic CGE Model: Proposal of a Simplified Approach and Application in GAMS, Journal of Research, Innovation and Technologies, Volume, 1(1), 63-87. https://doi.org/10.57017/jorit.v1.1(1).06
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